Spanish Car Advertising

Question

Hi, I occasionally need to make car ads and TV commercials in Spanish. I understand it fluently, but i can't interpret well enough for business.

What's the best way to write: "0.9% APR"? APR stands for Annual Percentage Rate.

Thanks for any hel

-Alex

Answer 1

Hi and welcome to the forum.

I got "Tasa Anual Equivalente (T A E)" for A P R in Spanish. The 0.9% is correct in the U S A but decimals are replaced with a comma in Latin American countries, e.g., 0,9%.

Edit: I also found the following:

tasa porcentual anual

índice de porcentaje anual

tasa de porcentaje anual

tipo porcentual anual

Maybe someone with more experience in finance/banking can chime in on this one?

Answer 2

The usual way we say this in Argentina is : 0.9% de interés anual, or if you want to sound more "technical", "tasa de interés anual".

Answer 3

I don't think you can correctly translate APR into Spanish for countries that don't use such a twisted term, because it has different definitions, and it can be calculated in several different ways, so some lenders will charge you more than others even though they advertise the same APR.

The AER (annual equivalent rate), on the other hand, can be translated as TAE (tasa anual equivalente), which is a simple mathematical calculation.